Americas Oil Market News

Panama will ensure free passage for US Navy vessels through the Panama Canal and plans to withdraw from China's Belt and Road...

US President Donald Trump has imposed sweeping tariffs on Canadian and Mexican imports, escalating trade tensions and disrupting...

Speculative investors sharply reduced their net long positions in crude oil, diesel, and gasoline last week as US President Donald...

North American drilling activity rose for the first time in four weeks, with gains recorded in the US and Canada...

US President Donald Trump's affirmation Friday that his administration will push forward with 25% tariffs on goods from Canada and Mexico...

Phillips 66 warns that some 450,000 bpd of Mexican crude that usually arrives in the US will get redirected to Europe and Asia...

ExxonMobil extended its position as the world's top energy major by beating analyst forecasts Friday on the back of record Q4...

European natural gas futures surged to fresh 15-month highs as colder weather added to already growing concerns over supplies...

Crude oil futures were drifting lower, having struggled to hold earlier gains after President Donald Trump reiterated plans to impose tariffs...

Crude throughput on the majority Shell-owned Mars Oil Pipeline Company system slipped 11% in November 2024...

Deliveries of diesel in Brazil hit a new record high last year, government statistics showed Friday, while gasoline lost ground...

Middle East crude prices retreated for an eighth straight session Friday as physical markets, while product cracks...

The International Energy Agency has come under fire this week, with its former Head of Oil slamming the agency over its "fanciful" and...

US natural gas inventory fell for the 11th week to reach 2,571 Bcf as of 24 January, according to the Energy Information Administration...

The Trump administration has asked the US Supreme Court to pause the pending small refinery exemption (SRE) lawsuit as the EPA seeks to reassess the basis for petition denials...

Valero sees a 10% decline in refining throughput if the US proceeds with a tax on Canadian imports and if it stays ...

Crude oil futures Thursday were little changed as investors were left waiting on US policy regarding tariffs...

Japanese refiner ENEOS has loaded a rare cargo of Canadian crude as China's economic slowdown curbs refinery demand, forcing Canadian...

Hess Corp reported a sharp rise in Q4 crude oil production on Wednesday, driven by strong gains in Guyana and US shale, as global oil...

US ethanol exports remained strong last week, reaching the highest level in over five months, according to the latest EIA data...